Power Ledger (POWR) registered -1.70% fall for a day

January 24, 2018 - By Marguerite Chambers

Power Ledger (POWR) had a bad 24 hours as the cryptocurrency declined $-0.0175399999999999 or -1.70% trading at $1.01143. According to Top Cryptocoin Analysts, Power Ledger (POWR) eyes $1.112573 target on the road to $2.09302338887963. POWR last traded at HuobiPro exchange. It had high of $1.1439 and low of $0.9557 for January 23-24. The open was $1.02897.

Power Ledger (POWR) is up 5.24% in the last 30 days from $0.9611 per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is up. 200 days ago POWR traded at $0.00 (non existent). POWR has 1000.00 million coins mined giving it $1.01B market cap. Power Ledger maximum coins available are 1000.00M. POWR uses algorithm and proof type. It was started on 05/07/2017.

Power Ledger is a decentralized energy exchange platform. It incorporates energy applications, such as a P2P energy trading application that allows businesses to host trading on the platform. This technology enables the sale of surplus renewable energy generated at residential and commercial developments (including multi-unit/multi-tenanted) connected to existing electricity distribution networks, or within micro-grids.

POWR is an Ethereum-based token that fuels the Power Ledger Ecosystem. POWR tokens serve as access permisson tokens, allowing the Application Hosts and their consumers to gain access to the P2P trading features and other Power Ledger applications. To synchronize the ecosystem globally and create cross-market electricity compatibility, a second token, Sparkz, is used in Power Ledger’s ecosystem transactions. Applications Hosts may convert their POWR tokens to Sparks when the ecosystem has been accessed.